Aug 25, 2011 1:00pm PDT
and apple traders responding to that news that steve jobs who has been battling cancer stepped down as c.e.o. with the stock down 5 percent after hours last night, when he announced the pending resignation and apple shares following just a fraction today up there at $372 a share but, perhaps, one of the finest technology minds in the country, some say since thomas edison. they have been represented for this for some time. >> cargo ships are scrambling to dodge irene while she is picks up speed, are prices about to pick up? and look who form add new money time in ... south carolina, jon huntsman and he is here. rget it. [ male announcer ] there's more barbeque time in every bag of kingsford charcoal. kingsford. slow down and grill. host: could switching to geico of kingsford charcoal. reon car insurance? or more host: do people use smartphones to do dumb things? man 1: send, that is the weekend. app grapgic: yeah dawg! man 2: allow me to crack...the bubbly! man 1: don't mind if i doozy. man 3: is a gentleman with a brostache invited over to this party? man 1: only if he's ready to rock! â
Aug 24, 2011 1:00pm PDT
: rebels in control. libyan dictator on the run. and steve on the collapse of muammar qaddafi. but, in sign of muammar qaddafi as yet. what's the deal? >> right now we hear a tremendous amount of celebration if tripoli, young many, armed, fighting, some for six months now, firing ak's into the air and firing anti-aircraft guns as if this war is all over. of course, it's not over yet. muammar qaddafi still on the run. still vowing defiance. vowing to defeat the "rats," and now he has $1.3 million bounty on his head. it is not clear where he is. officials think she in libya but he is defiant. the real problem for the council in the meantime could be security here in tripoli, a divided city of two million people that has been through six months of warfare. right now there are a lot of young men with heavy weapons in the street, no sign of looting yet but no sign that anyone is really in charge when it comes to security, and we remember what happened to baghdad after saddam fell, after the joy, there can be looting and insurrection. so far it has not happened here but there is a short window to
Aug 17, 2011 1:00pm PDT
of best number crunchers at the "wall street journal" we have steve. why are there fewer high-income people. i thought the rich were getting richer. >>guest: they are getting poorer in the recession because of a never ending recession that has not just lowered the incomes of struggling middle-class and low-income people but we have far fewer rich people and the graphic you just showed we have about half as many people making over $10 million. why is that important with respect to the budget? because, guess what, the tax system already is dependent on rich people to raise taxes. you know the statistics, the top 1 percent, the evil 1 percent pay 40 percent of income tax so when their income falls this is a reason we have a big deficit, we have to get the economy growing. >>stuart: if the president taxes people making more than $200,000 or $250,000 or $1 million, extra taxes for those people, what happens to the rich? and what happens to revenues? >> it never works. there is the laughter -- laffer curve, when tax revenues go up is because the tax code has been reduced tax rates.
Aug 19, 2011 1:00pm PDT
: and now, back in time, apple c.e.o. steve jobs unveiled the iphone and jack kevorkian was released from jail and gold was infor seven straight weeks something we had not seen since april of 2007 and now, more than double during that interim, an amazing performance that will remain that way for a while. well, what do you know, the vice president able to convince china america's debt problems are not as bad as they seem, and china is the biggest holder of the debt and recently scolded the u.s. for not getting its financial house in order. after meeting with biden the chinese premiere said he is in longer worried and john bolton is, joining us in washington. ambassador, what do you thing of the sudden back and forth between the chinese and the vice president? >> it is intended to show that the chinese can make up with the vice president but what they said about our economic reform a few weeks ago is what they really think. and it shows you the difficulty we're in when you have chinese communists lecturing us on our spending habits. that is the real message. i am sure this was conveyed to t